AMERN VANGUARD CORP
AMERN VANGUARD CORP operates in Diversified Metals & Mining.
AMERN VANGUARD CORP (AVJ) - Net Assets
Latest net assets as of June 2024: €353.23 Million EUR
Based on the latest financial reports, AMERN VANGUARD CORP (AVJ) has net assets worth €353.23 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€807.46 Million) and total liabilities (€454.23 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €353.23 Million |
| % of Total Assets | 43.75% |
| Annual Growth Rate | 3.94% |
| 5-Year Change | 7.51% |
| 10-Year Change | N/A |
| Growth Volatility | 3.2 |
AMERN VANGUARD CORP - Net Assets Trend (2016–2023)
This chart illustrates how AMERN VANGUARD CORP's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AMERN VANGUARD CORP (2016–2023)
The table below shows the annual net assets of AMERN VANGUARD CORP from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €370.01 Million | +0.01% |
| 2022-12-31 | €369.98 Million | -0.74% |
| 2021-12-31 | €372.74 Million | +3.33% |
| 2020-12-31 | €360.74 Million | +4.82% |
| 2019-12-31 | €344.16 Million | +4.53% |
| 2018-12-31 | €329.23 Million | +7.83% |
| 2017-12-31 | €305.31 Million | +8.13% |
| 2016-12-31 | €282.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AMERN VANGUARD CORP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 51.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €332.90 Million | 89.97% |
| Other Components | €37.11 Million | 10.03% |
| Total Equity | €370.01 Million | 100.00% |
AMERN VANGUARD CORP Competitors by Market Cap
The table below lists competitors of AMERN VANGUARD CORP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Braxia Scientific Corp
PINK:BRAXF
|
$30.02K |
|
ARTPRICE COM (AJP.SG)
STU:AJP
|
$30.02K |
|
SINGTEL 1000
BE:SIT4
|
$30.03K |
|
ACRO Biomedical Co Ltd
PINK:ACBM
|
$30.04K |
|
Riverwalk Acquisition Corp.
V:RAC-P
|
$29.87K |
|
S&U plc
LSE:SUS
|
$29.86K |
|
METSA BOARD -B-
BE:MSRB
|
$29.86K |
|
HMSND
PINK:HMSND
|
$29.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AMERN VANGUARD CORP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 369,979,000 to 370,010,000, a change of 31,000 (0.0%).
- Net income of 7,519,000 contributed positively to equity growth.
- Dividend payments of 3,384,000 reduced retained earnings.
- Share repurchases of 17,506,000 reduced equity.
- Other factors increased equity by 13,402,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.52 Million | +2.03% |
| Dividends Paid | €3.38 Million | -0.91% |
| Share Repurchases | €17.51 Million | -4.73% |
| Other Changes | €13.40 Million | +3.62% |
| Total Change | €- | 0.01% |
Book Value vs Market Value Analysis
This analysis compares AMERN VANGUARD CORP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.25x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €10.24 | €3.21 | x |
| 2018-12-31 | €11.03 | €3.21 | x |
| 2019-12-31 | €11.41 | €3.21 | x |
| 2020-12-31 | €11.69 | €3.21 | x |
| 2021-12-31 | €12.07 | €3.21 | x |
| 2022-12-31 | €12.58 | €3.21 | x |
| 2023-12-31 | €12.86 | €3.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AMERN VANGUARD CORP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.30%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 2.07x
- Recent ROE (2.03%) is below the historical average (5.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 4.53% | 4.10% | 0.73x | 1.52x | €-15.43 Million |
| 2017 | 6.65% | 5.71% | 0.66x | 1.76x | €-10.23 Million |
| 2018 | 7.35% | 5.33% | 0.77x | 1.80x | €-8.73 Million |
| 2019 | 3.95% | 2.91% | 0.70x | 1.95x | €-20.81 Million |
| 2020 | 4.23% | 3.32% | 0.67x | 1.89x | €-20.83 Million |
| 2021 | 4.99% | 3.33% | 0.80x | 1.86x | €-18.69 Million |
| 2022 | 7.41% | 4.50% | 0.84x | 1.96x | €-9.59 Million |
| 2023 | 2.03% | 1.30% | 0.75x | 2.07x | €-29.48 Million |
Industry Comparison
This section compares AMERN VANGUARD CORP's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AMERN VANGUARD CORP (AVJ) | €353.23 Million | 4.53% | 1.29x | $29.89K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |